Gibraltar Growth Corporation Reports 2016 Financial Results

TORONTO, March 31, 2017 /CNW/ - Gibraltar Growth Corporation (TSX: GBG.A, GBG.WT) ("the "Corporation") is pleased to report its financial results for the year-ended December 31, 2016. The Corporation's audited annual financial statements, along with the accompanying management's discussion and analysis have been filed together with the Corporation's annual information form on the System for Electronic Document Analysis and Retrieval ("SEDAR") and may be viewed under the Company's profile at www.sedar.com.

About Gibraltar Growth Corporation

Gibraltar Growth Corporation is a special purpose acquisition corporation incorporated under the laws of the Province of Ontario for the purpose of effecting a qualifying acquisition.

The Corporation continues to actively pursue opportunities that would constitute its qualifying acquisition and is currently in advanced negotiations with one business. However, no definitive agreement has been entered into at this time with respect to a qualifying acquisition, and no assurance can be given that discussions, including those that may be on-going, will result in an agreement or that the Company will be able to complete a qualifying acquisition.

Forward-Looking Statements

This press release may contain forward‐looking information within the meaning of applicable securities legislation, which reflects the Corporation's current expectations regarding future events. Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Corporation's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under "Risk Factors" in the Corporation's most recently filed annual information form. The Corporation does not undertake any obligation to update such forward‐looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Gibraltar Growth Corporation

For further information: please contact: Jeremy Stepak, Chief Financial Officer, Gibraltar Growth Corporation, (416) 583-1692

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Gibraltar Growth Corporation

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